“There hasn’t been any change in the employee benefit space in 15 to 20 years,” says Jaco Oosthuizen, the co-founder and MD of YuLife South Africa. “It’s up
This year’s cohort is heavily skewed towards healthtech companies, representing 18 per cent of the total.
The UK is now third in the world for healthtech investment after the US and China, and over the course of 2020 we saw an increase in early stage investment, from $2.27bn in 2019 to $2.32bn in 2020.
Healthtech companies among the fastest-growing tech start-ups include LabGenius, which develops new protein-based drugs using machine learning – lowering the associated costs and risks of drug development; Belfast-based Locate a Locum, which enables temporary healthcare workers to connect; Oxford-based Vitaccess, a platform which quantifies patients’ experiences of treatments and illness; and London-based Blink, a communications platform for Frontline workers.
A third (33%) of UK workers have said that changes to their work routine, including working from home, have had a negative effect on their wellbeing this year.